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Rio Tinto (RIO) earnings and revenue breakdown

Latest: H1 2026 · 6-K filed Jul 29, 2026 · Rio Tinto (RIO) H1 2026 earnings results →

H1 2026 Revenue up 16% year over year to $31.0B · 21¢ of every $1 of revenue kept as net profit · operating margin 29.5%

Rio Tinto made $31.0B in H1 2026 (+16% Y/Y). Operating margin 29.5%, net earnings $6.7B. See where every dollar goes — costs, profit and cash — as a Sankey from the 6-K filed Jul 29, 2026.

Revenue$31.0B
Year over year+16%
Operating margin29.5%
Net earnings$6.7B
Operating cash flow$9.2B

Drawing the Sankey…

Open the interactive Sankey → click any line for what the company wrote about it, compare Y/Y and Q/Q, export as PNG or PDF

What changed this quarter

Revenue was $31.0B in H1 2026, up 15% year over year.

Operating profit was $9.2B, a 29.5% margin (up 3.6 points year over year). Of the extra revenue versus a year earlier, 53% reached operating profit, above the 26% margin then. Total costs grew 10% against revenue growth of 15%. Net earnings were $6.7B, up 47% year over year. The effective tax rate was 22.8%.

Operating cash flow was $9.2B (up 32% year over year), 128% of net income including minority interests. Working capital and other items added $2.0B. Capital expenditures of $5.9B left free cash flow of $3.2B.

Quarterly history

QuarterFormFiledRevenueY/YOp. marginNet earningsOp. cash flow
H1 20266-KJul 29, 2026$31.0B+16%29.5%$6.7B$9.2B

Charts

Rio Tinto in its industry: growth against margin (9 companies, SIC 1000)Rio Tinto in its industry: growth against margin (9 companies, SIC 1000)revenue growth, year over year →↑ operating marginmedian +18%median -10%FCXCLFSCCOMPDYNRALOYIEMINRRIO (+16%, 30%)
Metal Mining; dot size is quarterly revenue; dashed lines are the industry's medians.

Interactive views

The same charts as the app — open one to draw it.

💵Where each $1 goesinteractive

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🌏Named in Asian annual reportsinteractive

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🔄Rotation against the market and its industry (RRG)interactive

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🔍Earnings qualityinteractive

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⚖️Fair value by methodinteractive

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🔭Outlook & guidanceinteractive

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📈Investments: gains and what it boughtinteractive

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🏭Its industry’s money flow (input-output)interactive

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Customers and suppliers named in filings

Sells to

About Rio Tinto

Rio Tinto is a leading global mining and materials company headquartered in the UK. We have a dual-listed structure, with the businesses of Rio Tinto plc, listed on the London Stock Exchange

In its own words, from its 6-K, filed Jul 29, 2026.

Rio Tinto against its Metal Mining peers

The largest companies of the same SEC industry, each at its latest quarter. Revenue growth: +16% against the peers' median +30%. Operating margin: 29.5% against the peers' median -10.1%.

CompanyQuarterRevenueY/YOp. margin
RIO Rio TintoH1 2026$31.0B+16%29.5%
FCX Freeport-McMoRanQ3 2026$7.5B+8%31.2%
CLF Cleveland-CliffsQ3 2026$5.6B+18%5.5%
SCCO Southern CopperQ3 2026$4.7B+39%59.9%
MP MP MaterialsQ3 2026$148M+176%-14.9%
DYNR DynaresourceQ2 2026$11.4M-28%-10.1%
USAR USA Rare EarthQ2 2026$5.8M—-795.6%
ALOY RealloysQ2 2026$804K+55%n/m
IE Ivanhoe ElectricQ3 2026$708K+30%n/m

Source: Rio Tinto 6-K on SEC EDGAR · CIK 863064 · Metal Mining

13F: who owns RIO and who is buying

Largest holders of RIO (13F)Largest holders of RIO (13F)Fisher Asset Management, LLC$2.0BState Farm Mutual Automobile Insu…$1.0BGoldman Sachs Group$901MMorgan Stanley$461MMirae Asset Global ETFS Holdings$387MBank of America$320MQube Research & Technologies$265MBlackRock$235MNeuberger Berman Group LLC$227MFMR LLC$220M
Funds' net buying of RIO by quarter (13F)Funds' net buying of RIO by quarter (13F)$215M2024-09$149M2024-12−$112M2025-03−$350M2025-06−$210M2025-09$509M2025-12−$196M2026-03$6.4M2026-06
Value of shares 13F filers added minus the value they sold, each quarter (quarters with most filings in).

More on RIO

History

Every quarter: H1 2026 results

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